(Bloomberg) - Rising global demand for cosmetics, marble and stainless steel is helping Taliban and Islamic State militants in Afghanistan fund their increasingly violent insurgencies, according to an investigation by Global Witness.The militant groups make millions of dollars annually mining talc, chromite and marble in eastern part of the war-torn nation. The international NGO in a report on Tu...Read More
(Bloomberg) - Goldcorp Inc. Chief Executive Officer David Garofalo says he's happy with his company's portfolio of assets, but that doesn't mean he doesn't have a wish list.In an ideal world, the company would have an asset in Nevada's Carlin Trend. "If you're an Americas-based gold company, you should be there. Barrick and Newmont are there and we should be there," he said in an interview in Tor...Read More
Stocks Analysis by Sean Mason, SmallCapPower.com covering: XAU/USD, Gold Futures, Copper Futures, Barrick Gold Corporation. Read Sean Mason, SmallCapPower.com's latest article on Investing.comRead full newsRead More
Canada's Eldorado Gold (TSX:ELD)(NYSE:EGO) long-dragged issues in Greece, where the company has been trying to advance two major gold projects for years, may soon be over as the country's energy ministry said he planned to solve pending differences shortly."The main aim is to reach an agreement in the coming weeks within the spirit of the arbitration ruling," energy ministry George Stathakis tol...Read More
Stocks Analysis by Sean Mason, SmallCapPower.com covering: XAU/USD, Gold Futures, Copper Futures, Barrick Gold Corporation. Read Sean Mason, SmallCapPower.com's latest article on Investing.comRead full newsRead More
Africa-focused Gem Diamonds' (LON:GEMD) has recovered a 115-carat diamond from the Let??eng mine in Lesotho.The top white colour Type IIa gem was the ninth diamond of over 100 carats the company has found so far this year, exceeding the total number of precious stones over 100 carats dug up in 2017. Those recoveries include a massive 910-carat rock found in januaryu, the world's fifth biggest...Read More
Gains US$80 million credit facilityRead full newsRead More
Bitcoins are worth less than half of what they were in December. Mining them is 60 percent less profitable than it was in 2017. Even retailers of hobbyist mining rigs say they are seeing fewer customers.Read full newsRead More
Market Analysis by Frank Holmes covering: FTSE 100, S&P 500, Dow Jones Industrial Average, US SmallCap 2000. Read Frank Holmes's Market Analysis on Investing.comRead full newsRead More
While gold stocks are underwhelming the markets, their disappointing performance can't last indefinitely amid geopolitical tensions.Read full newsRead More
This particular metric has helped unearth some deep discounts in the mining industry.Read full newsRead More
Stocks Analysis by Sean Mason, SmallCapPower.com covering: XAU/USD, Gold Futures, Copper Futures, Barrick Gold Corporation. Read Sean Mason, SmallCapPower.com's latest article on Investing.comRead full newsRead More
Stocks Analysis by Sean Mason, SmallCapPower.com covering: XAU/USD, Gold Futures, Copper Futures, Barrick Gold Corporation. Read Sean Mason, SmallCapPower.com's latest article on Investing.comRead full newsRead More
Australia's Lucapa Diamond (ASX:LOM) has found a 25-carat yellow gem diamond at its 70%-owned Mothae mine in Lesotho, adding that the stone was recovered during the first two days of trial processing at the project.The yellow diamond was unearthed from the Neck zone of the Mothae kimberlite, which is not part of the current 1 million carat Joint Ore Reserves Committee-compliant (JORC) resource, th...Read More
"FPX Nickel Corp's President & CEO Martin Turenne provides an overview of our Decar #Nickel District in this video interview, filmed May 2018 in New York City https://t.co/PcIQi5Hk82"Read full newsRead More
Rio Tinto's copper and diamond chief executive Arnaud Soirat has put pressure on Mongolia to support its planned $5.3 billion Oyu Tolgoi mine underground expansion, saying foreign companies will be looking at it as a "test case" for future investment.During his presentation at the Mongolia Economic Forum on Tuesday, the executive said the landlocked, mineral-rich country had all ingredients to b...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, it took just two days for the INK Canadian Insider Index to close above 1300. Once that was done, it didn't look back. The Index continued to climb and ultimately ended the week with a new all-time closing high of 1316.20 for a gain of 17.15 points or 1.3%.Our short term momen...Read More
The major gold miners' stocks are still largely grinding sideways, mired in a bearish sentiment wasteland. Traders tend to assume low stock prices must be righteous, reflecting weak fundamentals rather than poor psychology. But once a quarter earnings seasons' bright fundamental sunlight parts the obscuring fogs of popular sentiment. The gold miners' just-reported Q1'18 results prove they rema...Read More
Gold is back below US$1,300 per ounce, and investors are wondering if the downward trend is going to continue through the end of 2018.Let's take a look at the current situation to see if this is a good time to own Barrick Gold Corp. (TSX:ABX)(NYSE:ABX) or any of the other miners.Gold volatilityGold peaked around US$1,900 per ounce back in September 2011. It then went into an extended downturn, bot...Read More
From the start of 2017, Katanga Mining Ltd. (TSX:KAT) stock has appreciated as much as 15 times when it hit a peak of ~$2.50 per share! The company has the potential to become Africa's largest copper producer and the world's largest cobalt producer.Cobalt is what investors are interested in, as it is an essential element for batteries in electric cars. And there's a long runway for the conversion...Read More